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20110701
20110731
Search Results 0 to 11 of about 12 (some duplicates have been removed)
're going to see something between the reid and boehner plans, the big difference is the boehner plan forces us to raise the debt ceiling again and forces us to accept a $1.8 trillion or more in cuts from the so-called super commission, and if we don't do it, we go through another crises. also a vote on the budget amendment. i think you could get something more rationalal to incentivize another plan down the road and have something with enough pressure coming from the markets, both parties could vote for. >> you make it sound like if reasonable people had a conversation about this there might actually be a solution, so thanks for being on and talking with us today. >> glad to be here. >> that was ezra klein, columnist for "the washington post" and bloomberg and also an msnbc policy analyst. thanks so much. >> thank you. >> now, ask yourself, would you -- no, not you, nancy. would you want john boehner's job right now, trying to placate a gaggle of angry tea partiers and stave off an economic calamity at the same time? i suspect there are moments even he doesn't want this job, but he's got it
writes, get this, $80 million different checks. for everything from big ticket items like social security, veterans benefits, and nondefense contracts, to smaller payouts, to folks who are, for example, victims of black lung disease, or people who are railroad retirement board pensioneers. it's 80 million checks every single month. and, again, only about half the money they'll need to make good on all of those payments. so what does treasury do? who gets paid? who doesn't? laid out a possible scenario in which the treasury department only pays the following bills in august. interest on our debts, social security benefits, medicare and medicaid, defense contracts, and unemployment benefits. just paying those bills, just those, not everything we owe, just those, brings us to about $172 billion. which if you'll remember is all the money that they will have on hand. if only those programs get paid, here, my friends, is what doesn't get paid. military pay for active duty soldiers, veterans affairs programs, salary and benefit for federal employees, department of education, food services for lo
Search Results 0 to 11 of about 12 (some duplicates have been removed)